Siemens Ltd.

BSE: SIEMENS500550ISIN INE003A01024

Industrials
Heavy Electrical Equipment
BSE 200

Share price

₹3,515.00+129.75 (+3.83%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹4,149.40
52W low: ₹2,827.00
Off 52W high: -15.29%
1M return: -5.19%
3M return: -12.12%
6M return: -8.46%
1Y return: +12.74%
20D avg volume: 7,234
50 DMA: ₹3,749.42
200 DMA: ₹3,551.26

Key ratios Consolidated

Market cap: ₹1,25,176 Cr
Current price: ₹3,515.00
52W high / low: ₹4,149.40 / ₹2,827.00
Face value: ₹2.00
P/E: 42.11
P/B: 9.04
EPS (TTM): ₹92.01
Book value / share: ₹388.77
ROE: —
ROCE: 20.80%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-1,694 Cr
Interest cover: 91.36
Dividend yield: 0.51%
Dividend / share (TTM): ₹18.00
Payout: 19.56%
Cash conversion cycle: 35.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24
Income statement
	4,714	4,618	5,171	3,831	4,259	3,587	6,461	5,204	5,750	4,825	5,808	4,873
	116.90	100.30	122.40	84.30	151.50	172.30	283.30	156.80	321.00	164.10	145.50	132.40
	4,831	4,718	5,294	3,915	4,410	3,760	6,744	5,360	6,071	4,989	5,953	5,006
	4,368	4,262	4,630	3,486	3,862	3,259	5,629	4,603	4,983	4,311	5,191	4,398
	2,075	1,928	1,971	1,663	1,014	866.80	1,398	1,281	1,027	1,326	1,152	1,108
	926.30	1,369	1,170	1,025	1,214	999.90	1,407	1,196	1,320	1,439	1,304	1,439
	462.10	438.90	445.00	468.40	424.30	405.30	640.80	589.80	489.90	563.50	514.10	494.90
	7.10	14.10	4.50	5.60	2.30	3.40	20.50	5.30	31.30	3.40	4.90	4.30
	78.00	73.80	71.60	71.40	68.60	68.90	85.60	85.50	80.00	78.50	78.60	87.60
	761.80	612.30	813.00	479.70	1,168	—	—	—	—	—	490.70	—
	462.80	456.30	663.40	429.20	548.10	500.90	1,115	757.50	1,088	678.30	762.20	607.10
	0.00	0.00	0.00	-74.30	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	462.80	456.30	663.40	354.90	548.10	500.90	1,115	757.50	1,088	678.30	762.20	607.10
	119.40	101.10	178.00	86.10	140.20	128.80	284.10	179.40	285.10	172.60	190.50	151.30
	2,143	370.40	485.40	277.80	582.50	614.60	831.20	578.11	802.93	505.71	571.60	455.79
	60.18	10.40	13.63	7.80	16.36	10.45	23.35	16.24	22.55	14.21	16.05	12.80
Key metrics
	547.90	544.20	739.50	431.90	619.00	573.20	1,221	848.30	1,199	760.20	845.70	699.00
	11.60%	11.80%	14.30%	11.30%	14.50%	16.00%	18.90%	16.30%	20.90%	15.80%	14.60%	14.30%
	45.50%	8.00%	9.40%	7.30%	13.70%	17.10%	12.90%	11.10%	14.00%	10.50%	9.80%	9.40%
	—	3.20%	4.80%	—	4.20%	—	—	—	—	—	—	—
	23.10%	8.40%	-20.00%	-26.40%	-25.90%	-25.70%	11.30%	6.80%	—	—	—	—
	671.50%	-36.40%	-41.60%	-51.90%	-27.50%	21.50%	45.40%	26.80%	—	—	—	—

Metric	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	24,846	22,240	19,554	16,138	13,639	9,946	13,767	12,795	11,403
	753.00	925.30	496.20	307.80	226.50	314.90	399.00	280.10	253.18
	25,599	23,165	20,050	16,446	13,866	10,261	14,166	13,075	11,657
	22,470	19,526	17,410	14,734	12,446	9,224	12,507	11,674	10,555
	10,540	5,032	4,406	3,671	2,887	1,776	2,955	2,924	5,339
	5,676	5,363	5,487	4,449	3,911	2,164	3,196	2,876	1,960
	2,545	2,284	2,013	1,806	1,692	1,546	1,611	1,457	1,402
	33.80	60.50	22.80	36.30	24.60	29.50	11.70	8.20	7.87
	415.10	329.60	320.80	317.10	300.50	252.10	218.20	197.70	—
	3,611	—	1,671	1,648	—	—	—	—	—
	3,128	3,639	2,640	1,712	1,420	1,037	1,659	1,402	1,101
	-74.30	0.00	0.00	0.00	0.00	0.00	0.00	0.00	567.48
	3,054	3,639	2,640	1,712	1,420	1,037	1,659	1,402	1,669
	770.60	921.10	677.80	449.80	369.80	267.40	560.00	500.30	532.25
	2,754	2,718	1,962	1,543	1,090	768.60	1,099	901.20	1,137
	77.34	76.33	55.09	35.44	29.49	21.62	30.87	—	—
Key metrics
	3,503	4,029	2,983	2,065	1,745	1,318	1,889	1,607	1,677
	14.10%	18.10%	15.30%	12.80%	12.80%	13.30%	13.70%	12.60%	14.70%
	11.10%	12.20%	10.00%	9.60%	8.00%	7.70%	8.00%	7.00%	10.00%
	20.80%	28.40%	—	—	—	—	—	—	—
	11.70%	13.70%	21.20%	18.30%	37.10%	-27.80%	7.60%	12.20%	—
	1.30%	38.50%	27.10%	41.50%	41.90%	-30.10%	22.00%	-20.70%	—
	-1,088	—	—	—	—	—	—	—	—
	-0.19	—	—	—	—	—	—	—	—
	0.00	0.00	—	—	—	—	—	—	—
	-1,694	-1,801	—	—	—	—	—	—	—
	35.5	29.9	—	—	—	—	—	—	—
Balance sheet
	21,301	21,947	—	—	—	—	—	—	—
	16,579	16,936	—	—	—	—	—	—	—
	1,694	1,801	—	—	—	—	—	—	—
	3,902	3,524	—	—	—	—	—	—	—
	2,589	2,094	—	—	—	—	—	—	—
	3,298	4,563	—	—	—	—	—	—	—
	1,108	903.60	—	—	—	—	—	—	—
	4,073	3,799	—	—	—	—	—	—	—
	6,451	8,932	—	—	—	—	—	—	—
	0.00	0.00	—	—	—	—	—	—	—
	0.00	0.00	—	—	—	—	—	—	—
	0.00	0.00	—	—	—	—	—	—	—
	13,851	12,336	—	—	—	—	—	—	—
Cash flow
	-535.40	—	—	—	—	—	—	—	—
	3,688	—	—	—	—	—	—	—	—
	-3,302	—	—	—	—	—	—	—	—
	552.50	—	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24
Income statement
	4,195	4,109	4,634	3,398	3,809	3,175	5,978	4,768	5,314	4,436	5,382	4,473
	104.80	90.60	100.70	98.20	278.70	163.60	272.90	149.70	460.60	155.70	139.30	126.50
	4,300	4,199	4,734	3,497	4,087	3,338	6,251	4,918	5,774	4,592	5,521	4,600
	3,866	3,808	4,160	3,171	3,467	2,907	5,212	4,225	4,611	3,970	4,809	4,036
	1,678	1,569	1,672	1,324	706.30	586.50	1,098	1,007	770.30	1,078	927.90	851.80
	981.00	1,401	1,200	1,072	1,250	1,051	1,461	1,230	1,348	1,472	1,326	1,462
	403.60	383.90	394.10	413.30	378.60	358.00	597.80	547.60	455.70	519.50	473.40	455.50
	5.50	11.10	3.40	5.20	1.80	2.90	20.40	4.70	30.20	2.90	4.50	3.40
	47.70	45.20	44.00	42.90	42.40	42.90	60.00	60.40	55.60	54.10	54.30	63.90
	666.50	570.80	723.00	475.80	1,092	—	—	—	—	—	—	—
	434.30	391.00	574.30	497.10	620.80	431.10	1,039	693.50	1,163	621.70	711.70	564.10
	0.00	0.00	0.00	-62.80	0.00	—	—	—	—	—	—	—
	434.30	391.00	574.30	262.50	620.80	431.10	1,039	693.50	1,163	621.70	711.70	564.10
	111.80	94.80	154.70	62.60	122.20	111.00	264.50	162.90	266.90	158.30	177.70	140.40
	2,122	311.40	419.60	208.90	674.50	562.70	774.70	530.60	896.40	463.40	534.00	423.70
	59.59	8.74	11.78	5.87	18.94	8.99	21.76	14.90	25.18	13.02	15.00	11.90
Key metrics
	487.50	447.30	621.70	310.60	665.00	476.90	1,120	758.60	1,249	678.70	770.50	631.40
	11.60%	10.90%	13.40%	9.10%	17.50%	15.00%	18.70%	15.90%	23.50%	15.30%	14.30%	14.10%
	50.60%	7.60%	9.10%	6.10%	17.70%	17.70%	13.00%	11.10%	16.90%	10.40%	9.90%	9.50%
	—	2.80%	4.30%	—	4.90%	—	—	—	—	—	—	—
	23.40%	7.90%	-22.50%	-28.70%	-28.30%	-28.40%	11.10%	6.60%	—	—	—	—
	915.90%	-53.80%	-45.80%	-60.60%	-24.80%	21.40%	45.10%	25.20%	—	—	—	—

Metric	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	22,025	20,497	17,965	14,832	12,963	9,869	13,684	12,725	11,348
	843.90	1,039	548.70	316.10	219.00	309.90	394.60	280.00	254.75
	22,869	21,536	18,514	15,148	13,182	10,179	14,078	13,005	11,603
	20,069	18,018	15,969	13,467	11,752	9,159	12,437	11,614	10,501
	8,659	3,953	3,452	2,868	2,524	1,776	2,955	2,924	5,309
	5,917	5,510	5,567	4,496	3,924	2,164	3,196	2,876	1,960
	2,243	2,121	1,853	1,658	1,604	1,540	1,604	1,449	1,393
	25.90	58.20	20.30	33.30	19.60	29.20	11.40	8.20	7.71
	249.80	230.10	223.50	209.60	228.20	250.40	217.30	196.70	196.67
	3,241	—	—	—	—	—	—	—	—
	2,800	3,518	2,545	1,680	1,431	1,021	1,642	1,391	1,102
	-62.80	—	—	—	—	—	—	—	567.48
	2,738	3,518	2,545	1,680	1,431	1,021	1,642	1,391	1,669
	663.60	852.60	633.80	430.50	367.90	263.20	554.70	497.30	535.51
	2,546	2,665	1,911	1,531	1,103	756.50	1,087	893.90	1,134
	71.49	74.84	53.67	35.09	29.84	21.27	30.52	—	—
Key metrics
	3,013	3,806	2,789	1,923	1,678	1,300	1,870	1,596	1,873
	13.70%	18.60%	15.50%	13.00%	12.90%	13.20%	13.70%	12.50%	16.50%
	11.60%	13.00%	10.60%	10.30%	8.50%	7.70%	7.90%	7.00%	10.00%
	19.40%	27.90%	—	—	—	—	—	—	—
	7.50%	14.10%	21.10%	14.40%	31.30%	-27.90%	7.50%	12.10%	—
	-4.50%	39.40%	24.90%	38.80%	45.80%	-30.40%	21.60%	-21.10%	—
	-1,460	—	—	—	—	—	—	—	—
	-0.38	—	—	—	—	—	—	—	—
	0.00	0.00	—	—	—	—	—	—	—
	-1,303	-1,310	—	—	—	—	—	—	—
	32.8	24.9	—	—	—	—	—	—	—
Balance sheet
	19,790	20,901	—	—	—	—	—	—	—
	14,824	15,626	—	—	—	—	—	—	—
	1,303	1,310	—	—	—	—	—	—	—
	3,435	3,089	—	—	—	—	—	—	—
	2,209	1,784	—	—	—	—	—	—	—
	3,237	4,524	—	—	—	—	—	—	—
	790.20	633.20	—	—	—	—	—	—	—
	3,660	3,475	—	—	—	—	—	—	—
	5,522	8,104	—	—	—	—	—	—	—
	0.00	0.00	—	—	—	—	—	—	—
	0.00	0.00	—	—	—	—	—	—	—
	0.00	0.00	—	—	—	—	—	—	—
	13,526	12,257	—	—	—	—	—	—	—
Cash flow
	-970.60	—	—	—	—	—	—	—	—
	4,045	—	—	—	—	—	—	—	—
	-3,274	—	—	—	—	—	—	—	—
	488.90	—	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +14.09%
Sales CAGR 5Y: +17.42%
Profit CAGR 3Y: +18.48%
Profit CAGR 5Y: +27.47%
Sales YoY (TTM): —
Profit YoY (TTM): —

Consolidated

Sales CAGR 3Y: +15.47%
Sales CAGR 5Y: +20.09%
Profit CAGR 3Y: +21.30%
Profit CAGR 5Y: +29.08%
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 75.00%

Quarter	September 2026	June 2026
Promoter %	75.00%	75.00%

Holder	Type	Holding	Previous	Change
Siemens International Holding B.V.	Promoter	53.70%	53.70%	0.00%
Siemens Aktiengesellschaft, Germany	Promoter	18.00%	18.00%	0.00%
Siemens Metals Technologies Vermogensverwaltungs GmbH	Promoter Group	3.30%	3.30%	0.00%
Life Insurance Corporation of India	Public	2.75%	2.36%	+0.39%
Nps Trust- A/C Lic Pension Fund Scheme	Public	1.66%	—	—
Foreign Institutional Investor	Public	0.00%	—	—
Siemens Energy Holding B.V.	Promoter	0.00%	0.00%	0.00%
Siemens Energy Holdco B.V.	Promoter	0.00%	0.00%	0.00%
Foreign Bank	Public	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Bharat Heavy Electricals Ltd.	1,47,639	424.00	51.29	6.50%	+29.08% TTM	+415.37% TTM	+58.68%
ABB India Limited S	1,43,123	6,754.00	46.67	—	+7.92% TTM	+66.43% TTM	+28.89%
CG Power and Industrial Solutions Limited	1,32,631	841.85	97.18	19.30%	+23.76% TTM	+28.33% TTM	+12.62%
HITACHI ENERGY INDIA LIMITED S	1,29,262	29,000.40	112.37	24.90%	+40.17% TTM	+127.73% TTM	+41.26%
Siemens Ltd.	1,25,176	3,515.00	42.11	20.80%	—	—	+12.74%
GE Vernova T&D India Limited S	1,09,206	4,265.10	76.00	58.50%	+41.34% TTM	+56.22% TTM	+35.57%
Siemens Energy India Limited S	1,05,412	2,960.00	70.85	26.10%	—	—	-8.69%
SUZLON ENERGY LTD.	51,481	37.45	22.79	27.00%	+33.90% TTM	-28.79% TTM	-37.58%
Thermax Ltd.	39,095	3,280.95	66.19	15.40%	+4.68% TTM	-11.68% TTM	+0.66%
SCHNEIDER ELECTRIC INFRASTRUCTURE LIMITED S	27,448	1,147.95	149.28	24.90%	+9.56% TTM	-29.50% TTM	+28.95%
TD Power Systems Ltd	23,403	728.05	85.10	30.30%	+54.29% TTM	+45.27% TTM	+77.57%
Azad Engineering Limited	16,664	2,580.35	119.64	11.50%	+28.72% TTM	+40.92% TTM	+55.76%
Triveni Turbine Limited	15,868	499.15	47.21	32.00%	+17.70% TTM	-1.90% TTM	-6.73%
KARAMTARA ENGINEERING LIMITED	12,315	382.65	—	—	+36.52% FY26	+64.18% FY26	—
Atlanta Electricals Limited	11,643	1,514.10	51.86	34.60%	—	—	+50.82%
QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED	11,249	1,452.55	50.36	27.30%	+89.92% TTM	+82.64% TTM	+50.72%
Inox Wind Limited	10,986	63.57	26.34	10.40%	+17.10% TTM	-14.81% TTM	-58.92%
VOLTAMP TRANSFORMERS LIMITED S	10,133	10,015.35	31.34	22.30%	+22.89% TTM	-1.63% TTM	+35.97%
Elecon Engineering Co.Ltd.	9,841	438.55	40.22	18.60%	+2.58% TTM	-52.69% TTM	-22.35%
Transformers and Rectifiers (India) Limited	9,527	317.40	30.44	25.40%	+27.23% TTM	+23.01% TTM	-24.26%
Kanohar Electricals Limited S	8,509	941.15	—	—	—	—	—
Skipper Limited	6,581	538.95	26.79	22.20%	+16.04% TTM	+47.75% TTM	+4.65%
Powerica Ltd.	6,316	499.05	—	11.20%	—	—	—
Transrail Lighting Limited	6,115	454.60	14.60	31.90%	+14.51% TTM	+0.35% TTM	-35.99%
GE Power India Limited	4,196	624.10	15.45	47.60%	+18.73% TTM	+9.86% TTM	+106.66%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Siemens Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2026 ,inter alia, to consider and approve Please refer the attached file2 Nov 2026 · Board Meeting / Board Meeting
Please refer the attached file27 Oct 2026 · Company Update / General
Please refer the attached file23 Oct 2026 · Company Update / General
Please refer the attached file.7 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please refer the attached file1 Oct 2026 · Company Update / Change in Management
Please refer the attached file28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please refer the attached file25 Sep 2026 · Company Update / General
Please refer to the attached pdf25 Sep 2026 · Company Update / General
Please refer to the attached intimation letter22 Sep 2026 · Company Update / General
Please refer to the attached intimation letter.18 Sep 2026 · Company Update / General
Update - Scheme of Amalgamation - Notice to equity shareholders and unsecured creditors of Siemens Limited12 Sep 2026 · Company Update / Scheme of Arrangement
Order dated September 07, 2026 of the Hon''ble National Company Law Tribunal, Mumbai Bench - inter alia, dispensing the meeting of equity shareholders and unsecured creditors of Transferor ....9 Sep 2026 · Company Update / Scheme of Arrangement
Please refer the attached file.8 Sep 2026 · Company Update / Change in Management
Please refer to the attached intimation letter.7 Sep 2026 · Company Update / General
Please refer the attached file20 Aug 2026 · Company Update / General
Please refer the attached file13 Aug 2026 · Company Update / General
Please refer the attached file11 Aug 2026 · Company Update / Change in Management
Please refer the attached file11 Aug 2026 · AGM/EGM / AGM
Please refer the attached file11 Aug 2026 · AGM/EGM / AGM
Please refer the attached pdf11 Aug 2026 · Board Meeting / Outcome of Board Meeting
Siemens Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 ,inter alia, to consider and approve Please refer to the attached pdf6 Aug 2026 · Board Meeting / Board Meeting
Please find attached the Business Responsibility and Sustainability Report for the Financial Year 2024-26 along with Independent Practitioner''s Reasonable Assurance Report.17 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please refer the attached file16 Jul 2026 · Company Update / General
Please refer to the attached file14 Jul 2026 · Company Update / General
Please refer the attached file.13 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please refer the attached file.13 Jul 2026 · AGM/EGM / AGM
Please refer the attached file.13 Jul 2026 · Others / Reg. 34 (1) Annual Report
Please refer the attached file.11 Jul 2026 · Company Update / General
Please refer the attached file10 Jul 2026 · Corp. Action / Record Date
Please refer the attached file7 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please refer to the attachment2 Jul 2026 · Company Update / General
Please refer the attached file30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Please refer the attached file3 Jun 2026 · Company Update / Earnings Call Transcript
Please refer to the attached pdf1 Jun 2026 · Company Update / General
Please refer the attached file28 May 2026 · Company Update / Analyst / Investor Meet
Please refer the attached file28 May 2026 · Company Update / Newspaper Publication
Please find the presentation for the analyst call.28 May 2026 · Company Update / Analyst / Investor Meet
Please refer the attached file27 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Please refer to the attached pdf26 May 2026 · Company Update / Scheme of Arrangement
Please refer to the attached pdf26 May 2026 · Board Meeting / Outcome of Board Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 18.0000	29 Jul 2026	29 Jul 2026	—
Spin Off	7 Apr 2025	7 Apr 2025	—
Dividend - Rs. - 12.0000	30 Jan 2025	30 Jan 2025	—

Board meetings

6 Nov 2026 Board Meeting - Financial Results
11 Aug 2026 Board Meeting - Financial Results